Biographies

Shri. Madhur Bajaj is Non-executive Chairman of the Board of Maharashtra Scooters Ltd . He graduated in commerce from Sydenham College, Bombay, in 1973, and did his Masters of Business Administration from the International Institute of Management Development (IMD), Lausanne, Switzerland, in 1979. He is the recipient of the Vikas Rattan Award from the International Friendship Society of India, for enriching human life and achievements.

Shri. Shriniwas Pathak has been appointed as Manager, Chief Executive Officer of the Company effective 1 July 2018. He having Diploma I Degree in production technology I business management and management science has had varied experience of over 22 years in manufacturing I production engineering I design & development. He joined the Company in November 2016 as DGM (Tool Room) and has worked towards scaling up the capabilities and operations of manufacture of dies and components.

Shri. Sanjiv Bajaj is Non-Executive Director of Maharashtra Scooters Ltd. He has done B.E. Mechanical, first class with distinction from the University of Pune, M.Sc. (Manufacturing Systems Engineering), with distinction from the University of Warwick, U.K., and M.B.A. from Harvard Business School, U.S.A. Since 2008, Shri Sanjiv Bajaj is the Managing Director of Bajaj Finserv Ltd., which operates in the insurance business through Bajaj Allianz Life Insurance Co. Ltd., and Bajaj Allianz General Insurance Co. Ltd., as well as in the consumer lending business through Bajaj Finance Ltd. His role includes guiding the current businesses and building new ones in the financial services space. Effective 1st April, 2012, Shri Sanjiv Bajaj is also appointed as Managing Director of Bajaj Holdings and Investment Ltd., wherein his role includes building the strategy and team and guiding this investment company, which has over Rs.20,000 crores in cash and investments. Shri Bajaj was awarded Business Today Magazine's Best CFOs Awards 2005 as one of the top CFOs of India for 2005. Shri Bajaj was selected as India Inc's one of the top hundred most powerful CEOs in India by Economic Times' Corporate Dossier magazine in its 2009 survey conducted by IMRB International.

Ms. Vrushali D. Agashe serves as Independent Director of the Company. She began her career with Accenture Services P. Ltd., a Global Technology Company in the year 2003, as a software professional and worked in their Pune I Bangalore I Hyderabad and London (UK) development centres till 2008. She then cleared examination conducted by Maharashtra Public Service Commission (MPSC) in the year 2011 and joined the services of Gov!. of Maharashtra and is currently posted General Manager, District Industry Centre, Thane

Shri. Sadashiv S. Survase serves as Independent Director of the Company. He has done Master of Engineering in Design Engineering from the College of Engineering, Pune as also Master of Business Administration from the University of Pune. Having worked as General Manager I Jt.Director of Industries, Pune Regional Office, he is currently posted as Jt.Director of Industries, Directorate of Industries, Mantralaya, Mumbai.

Shri. Yogesh J. Shah is Non-Executive Independent Director of Maharashtra Scooters Ltd. He is a Chartered Accountant and one of the pioneers Pune based professional Share Broker since 1977 and is acknowledged for the trust of his clients and his fair dealings. He actively participated in the formation of Pune Stock Exchange Ltd. and was its Vice-President for 1982-83 and acted as its Director for several years. He also acted as Manager / Associate Manager to the Fixed Deposit Schemes of various reputed Public Limited companies. Shri. Yogesh J. Shah is one of the Pune based Distributor of Mutual Fund Products and one of the top Mutual Fund Distributor in India. He is a Director of following closely held companies:- Yogesh Financial Consultants Pvt. Ltd., Yogesh Distribution Pvt. Ltd., Ashwamegh Enterprises Pvt. Ltd., Adonis Laboratories Pvt. Ltd.

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